Modi cuts duties for solar power

To encourage the use of rooftop solar power, the ministry of new and renewable energy (MNRE) has announced exemption on customs and excise duties on materials used in solar rooftop projects of more than 100-KW capacity. With this, the overall cost of power generation through solar rooftop projects will come down. The Solar Energy Corporation of India (SECI) has extended the bid-submission deadline for 1,000-MW grid-connected rooftop solar scheme for government buildings. SECI expects to get good response for the tenders.